 President Mohammed Buhari on Friday presented a record of 20.51 trillion Naira 2023 per appropriation bill to the National Assembly. The National Assembly had approved the medium-term expenditure framework, MTF, and fiscal strategy paper FSB Parameters on which the 2023 budgets will be framed. While presenting the details, Buhari said the 2023 transition budget was designed to address critical issues and lay a solid foundation for the incoming administration. Of 8.29 trillion Naira had been spent by July 31, 2022, out of the total appropriation of 17.32 trillion Naira, despite our revenue challenges. We have consistently met our debt studies, commitments, staff salaries, and statutory transfers have also been paid as and when due. The 2023 appropriation, therefore, is a budget of fiscal sustainability and transition. Total federally-distributable revenue is estimated at 11.09 trillion Naira in 2023, while total revenue available to fund the 2023 federal budget is estimated at 9.73 trillion Naira. A total of expenditure of 20.51 trillion Naira is proposed for the federal government in 2023.